20k
BTC FORMING MAJOR BULLISH DIVERGENCE - PATIENCE IS KEY !If BTC doesn't wick much below $16892 at it's worst, it would form a tremendous bullish divergence. There is already a minor divergence at play, however - I don't think it to be statistically sound enough to cause a reversal. However, if the down trend continues over the next couple days, this would directly incite a very strong bullish divergence. This would be direct confirmation of BTC holding above the daily 50 EMA as-well-as trading above all previous price celling except ATH. This would put BTC in a very technically favorable position to continue accumulating wealth steadily into 2021.
To hedge against BTC being overly bullish over a currently insignificant signal - a small long position above $18620 to $186750 is present if there seems to be enough momentum to break the downtrend - this is risky but it's worth it, nothing will suck more than missing the 20k breakthrough.
BTCUSD CRYPTO WILD WESTWith a weak hands shake out, from the premature break of the ascending triangle and a failed H&S after to reck the premature sellers, looks like we are continuing the uptrend direction. On the move to hit 19k, if we are able to break and hold above the trend line. This is Crypto Wild West.
To 20k we go!!! Bitcoin analysisGUYS! we are, (were,) in a bull flag! We are breaking out of this bull flag and the line will take us to 20k strait!!!
There is also a hash ribbon that, when gets the command, makes us go up!!! T he command is a blue dot, and if you buy every blue dot and sell every miner copitulation, (the red part,) that you would make amazing gains. usually in a minors capitulation, we either go down or stay the same. This time, (rare,) we are going up in a minors capitulation. I think that is because of the election. It doesn't matter who wins, (or won, i'm not keeping track,) Bitcoin goes up. look at this picture of the hash ribbon.
there is this one place, (at the left,) that, if you sold at the minors capitulation, you would lose 20%. So usually, you have to sell alittle before the minors capitulation starts. But in the end, we could go to 20k by 3 days!!!
Bitcoin The Next Run Up? Maybe 5K or 20K? Or Sideways?If you agree hit the like button and If you love Hit the Donate. Please let me start with my opening statement Do Your Own Research This is by no means Investment advice. Im just a dreamer but folks just look at the setup seems as if something promising is coming in the horizon. Thank you Samsung Toshiba Nokia and Motorola for in powering innovation with technology you produced for the masses. Long live Hard drive digital byte money. A.K.A Digital Gold. Thank you. Nothing technical just a gut feeling.... I hope no one has any Island Reversal Tricks because that would surely be a day in hell for all of us or maybe not.